118 Results for:

June 28, 2005

China
Why can’t we have a better press corp (Asian Times edition)

With apologies to Brad Delong for the title, and with broader apologies for yet another post on the RMB.This article struck me as confused, even for an article that tries to summarize a range of diff…

July 10, 2005

China
Has a slowing Chinese economy eliminated domestic pressure for a renminbi revaluation?

Alan Greenspan told Senators Schumer and Graham that China would soon make its currency regime more flexible, and that they should hold off. They no doubt took "flexible" to mean "let its currency ap…

June 8, 2005

Economics
Greenspan’s conundrum and oil

The most profitable sector of the Chinese economy, according to data from UBS. Mining. It is not even close. I presume that includes mining for oil. Remember that. I will return to it in a bit.A…

September 1, 2005

Economics
Some thoughts on Katrina and the economy

I understand the reasoning behind the standard argument that big storms have less impact on an economy - particularly a large and diverse economy - than one would expect looking at the scale of the d…

September 12, 2005

China
Show me the money (really, show me China’s reserves)

China's Alan Greenspan (Zhou Xiaochuan) has indicated China won't roil financial markets with "active composition adjustments of the foreign reserves."  fine.   But any central bank adding ab…

July 20, 2005

United States
A new era of economic stability?

Alan Greenspan argues that the fall in long-term rates stems from an increase in "perceived" economic stability, which reduces the risk of lending out ten-year money. According to estimates prepare…

June 1, 2005

Economics
An unbalanced US economy continues to get more unbalanced

Yes, I am repeating myself. But the data is pretty clear.Housing Prices. Up. Particularly in big cities on the coasts. Leading indicators for housing. Up. Check out Calculated Risk for more.Ma…

June 8, 2005

Economics
Should the world finance the World Bank rather than the United States

Note: Title credit goes to Jeff Frankel, who moderated a panel I participated on.Paul Wolfowitz just took over at the World Bank. He already seems to have indicated that is not going to follow Desmo…

June 11, 2005

United States
April trade, one day late

Maybe my title should be "Boeing is back"The surge in Arpil exports stemmed in part from a surge in Boeing’s monthly exports. But the increase in aircraft goes beyond just a monthly blip. By my cal…

August 30, 2005

Economics
Rubin doctrine of international finance v. Greenspan doctrine …

The Rubin doctrine of international finance (From In an Uncertain World):1. The only certainty in life is that nothing is ever certain.2. Markets are good, but they are not the solution to all proble…